Economics
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Sitting outside of the patent office, three inventors hold similar-looking inventions, while one inventor holds a distinct-looking invention.
March 4, 2019

How Much Does Innovation Drive Economic Growth?

A study of millions of patents lifts the veil on how new ideas influence productivity.

A home made of dollar bills blows away
January 7, 2019

Not Everyone Benefited from Lower Interest Rates During the Great Recession

The Fed wanted to help struggling homeowners. But new lending rules undermined its efforts.

A job hunter googles job information.
December 5, 2018

What Google Is Teaching Economists About Unemployment Insurance

Search data can tell policymakers whether extending unemployment benefits delays job-seeking.

A master baker and her unhappy apprentice.
December 4, 2018

Why Do Trainees Get Stuck with So Much Grunt Work?

There must be faster ways to get them up to speed. Yet grueling apprenticeships persist in medicine, law, and the trades.

Socioeconomic divide on the same street.
November 6, 2018

How Closely Do Our Beliefs About Social Mobility Match Reality?

The answer differs between Americans and Europeans, and between liberals and conservatives.

Two coffee growers harvest safely
August 14, 2018

How the Coffee Industry Is Building a Sustainable Supply Chain in an Unstable Region

Three experts discuss the challenges and rewards of sourcing coffee from the Democratic Republic of Congo.

Being uncomfortably hot makes us less likely to help.
July 3, 2018

Take 5: What Science Says about Your Summer Vacation

Kellogg faculty explore the psychology and economics of common travel conundrums.

Hospitalization hurts your credit.
July 3, 2018

Even for the Insured, a Hospital Stay Has Surprising Costs

The long-term financial toll extends far beyond medical bills.

A soybean seed led Brazilian farm workers to industrialized jobs.
June 4, 2018

How a Genetically Modified Soybean Helped Modernize an Economy

As Brazil’s farms became more efficient, workers shifted to manufacturing.

People visit a bank
May 8, 2018

How to Make Economic Development More Inclusive

Two finance experts discuss the need to tailor strategies to specific underserved communities.

A man picks potatoes, which helped bring peace
May 2, 2018

How the Potato Ushered in an Era of Peace

Its arrival in Europe had consequences that went far beyond diet.

Social mobility and democracy
April 5, 2018

Is Social Mobility Essential to Democracy?

It depends on the size and assumptions of the middle class.

March 5, 2018

Does Lowering the Corporate Tax Rate Spur Economic Growth?

Results of a new study have implications for the recent U.S. tax overhaul.

The economic impact of disasters on supply chains.
February 2, 2018

Localized Natural Disasters Can Hurt an Entire Country’s Economy

A new study helps explain the economic ripple effects on supply chains.

A robot fills out a tax form.
December 1, 2017

How a “Robot Tax” Could Reduce Income Inequality

This tax can also be part of a plan to improve the economy as a whole.

November 2, 2017

How Do People Respond to Sales Tax Increases?

New research shows we aren’t as blasé as economists thought.

Because oil prices are so volatile, oil price forecasts are both useful and necessary.
July 7, 2017

What Makes Oil Prices So Volatile?

There’s more to the story than OPEC. Plus, how fracking stands to change the market.

A graduate leaving university with a STEM degree.
July 6, 2017

STEM Degrees Are Good for Careers. But Do They Lead to More Innovation?

Science, technology, engineering, and math education helps job prospects, but hurts the likelihood of becoming an inventor.

The economic effects of immigration include the spread of prosperity across America.
June 6, 2017

Does Immigration Help or Hurt Local Economies?

Historically, where immigrants cluster in the U.S., prosperity follows.

Wealthier Alaskans use annual dividend payments as fun money?
May 4, 2017

Alaskans Get an Annual Check from the State. How Do They Spend It?

The answer depends on a family’s income, but not in the way many economists expected.

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